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$3,450,000 Just Listed
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Property Description
Commercial Vacant Land Opportunity - Prime Highway FrontageExceptional development opportunity featuring approximately 231 feet of highway frontage in a highly visible location. Just under of 1 acre of cleared land, fully enclosed with privacy fencing and is ideally situated between 85th street and 86th street, directly across from Marathon Airport. The property is ready for development and includes an existing income-producing billboards with a flexible month-to- month lease. A rare added benefit is 128 feet of private boat dockage, offering direct Ocean access for personal use. This unique combination of commercial visibility, development readiness, and waterfront access makes it a standout investment opportunity.
Full Property Details
Full Property Details for 8501 Overseas Hwy
General
- Price: $3,450,000
- Taxes: $8,568 (2025)
- Status: Active
- Type: Commercial
- Source: 927
- MLS ID: 619267
- Updated: 3/30/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: No Appliances
Exterior
- Exterior Features: Other Comrcl Style
Location
- Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside
- County: Monroe
- Subdivision: Sunny Isle (52.0)
- Driving Directions: US1 Oceanside across from Marathon Airport between 85th & 86th Street
Community
- Assoc. Fees Include: None
Utilities
- Water: Canal View
- Utility Description: FKAA
Structural Information
- Architectural Style: Commercial
- Construction: Other
- Dock Size: 128
- Sq. Ft. Source: Property Data Card
Lot Features
- Lot Size (Sq. Ft.): 41,225
- Lot Dimensions: 232 x 246 x 224 x 180
- Zoning: MU - Mixed Use Commercial Mixed Use
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Canal Front
Financial Considerations
- Tax Amount: $8,568
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Sunny Isle Pb4-52 Key Vaca Motel Site
- Flood Zone: AE, AE, AE
- APN: 349330000000
Listed by Coldwell Banker Schmitt Key Largo, Yvette Doherty (786) 236-8158
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Schools
Schools serving 8501 Overseas Hwy
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Stanley Switlik Elementary School 3400 Overseas Highway, Marathon, FL 33050 | PK-5 | 2.7 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8501 Overseas Hwy
Date
Details
Price
Change
Source
3/30/2026
Listed
$3,450,000
275%
MLS
9/28/2018
Sold
$920,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8501 Overseas Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,145
—
$1,640,056
97%
2024
$6,145
3%
$834,507
—
2023
$5,988
2%
$838,003
-1%
2021
$5,855
1%
$842,804
—
2022
$5,788
-1%
$841,493
-27%
2021
$5,855
57%
$1,158,220
212%
2019
$3,740
-4%
$371,176
-7%
2018
$3,881
6%
$400,440
7%
2017
$3,649
—
$374,806
4%
2016
$3,635
2%
$361,361
2%
2015
$3,548
-2%
$354,066
1%
2014
$3,613
-27%
$351,032
-27%
2013
$4,965
—
$482,829
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8501 Overseas Hwy
8501 Overseas Highway, Marathon, FL 33050 (MLS# 619267) is a Commercial property. 8501 Overseas Highway is currently listed for $3,450,000 and was received on March 30, 2026. Want to learn more about 8501 Overseas Highway? Do you have questions about finding other Commercial real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.
